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Good afternoon,

The prospect that Donald Trump’s tariffs could set off a global trade war is likely to result in “some slowing” of the US economy given the uncertainty, according to one of the most powerful investors on Wall Street.

Some auto brands are refusing to supply Bunnings for fear of upsetting chains like Supercheap Auto and Autobarn, but the hardware boss warns get on the ground floor with us or miss out.

Plenty of billionaires live around the suburbs on Sydney harbour. But the leafy suburb that boasts the most wealthy people has set plenty of records in recent years.

Vesna Poljak
Business Editor
The markets


Commentary
Own goal, Chalmers’ budget to hit family-owned businesses
By ROBERT GOTTLIEBSEN
Business Columnist
The value of one of the fastest-growing, family-owned segments of the Australian business community – medium-sized service businesses – is set to be reduced by the budget measures....
Latest news
Canada’s Dollarama swoops on Reject Shop with $259m bid
The Reject Shop is set to fall into Canadian hands after agreeing to a $259m takeover bid from bargain chain Dollarama.
By ELI GREENBLAT
CBA opens tech hub in Seattle to boost AI skills
Matt Comyn, who runs the nation’s biggest bank, says he is not waiting for government handouts or policy changes, saying big business has a role to make Australia a smarter nation as he opens a new tech hub in Seattle.
By JARED LYNCH
Now or never: single households climbing
The early decades of the 21st century show that for many people it’s all about being sufficiently agile to move from singledom to coupledom and back to single life. That’s what Australians want.
By BERNARD SALT
Apple overhauls Maps with Aboriginal place names
Australians will now be able to view traditional Aboriginal place names on Apple Maps after the tech titan joined companies such as Qantas in showcasing indigenous heritage.
By JARED LYNCH
Immigration’s impact on your money
Crowding the housing market or creating jobs and wealth for everyone? The migration debate will intensify in the weeks ahead.
By ANTHONY KEANE

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